So far in 2016, managing my own investment portfolio has been difficult. Do you feel the same way? At the end of 2015 to be more defensive, I did some significant rebalancing by going to 40% bonds / 60% stocks from 20% bonds / 80% stocks. This move was not enough as the NASDAQ corrected by 15% and the S&P 500 by 10% in January and February.
With the latest rebound in the stock market, I’ve reduced my equity exposure further and now have a 52% weighting in bonds. 60% of my portfolio is under the segment “Macro Bets /Defensive Bets,” with the Gold Miners ETF as my best performer YTD, up 49%. Let’s have a look at the portfolio details. I’ll also share my thoughts about active investing and how it has changed the older I get.